Exchange or Wallet?

[siggy]

You can keep your tokens on exchange, but in such case you should use Google authentication.

[Grifosha]

The most reliable method of storage is a cold Wallet. The only advantage of storing coins on the exchange is the possibility of trading and rapid exchange. Unfortunately, recently, exchanges are often hacked, so their reliability is questionable.

[Msile]

OK, either you are really new to the Crypto market or you have no idea what you're talking about. Do you know how many exchanges get hacked every month. Just few days ago Bithumb got hacked. Before that the Binance hack happened and so on. Do you want to be one of them whose coins got hacked due to some exchanges poor security. If not then withdraw your coins from exchanges to your own wallet ASAP.

[BeEvil]

If you do not do daily trading - there is no need to store tokens on the exchange. Keep everything on your wallet, transfer to the exchange what you are going to sell / buy.

[Redhead5]

If you do not do daily trading - there is no need to store tokens on the exchange. Keep everything on your wallet, transfer to the exchange what you are going to sell / buy.

I really agree your opinion bro, because the safest way to keep our tokens is our wallet itself provided by our created password so that no one can easily hack our tokens. Because if we stay our tokens to an exchange there is great probability that our tokens will be hack especially when exchanges didn't think security of it.

[Gabmot]

I wouldn't want to risk my coins being on an exchange wallet, when I have the opportunity of having my own personal wallet where I can have my tokens  secured. Even, exchanges warns its users of the risk attached to holding one's token on their wallet. Hence, I prefer a personal wallet to hold my tokens.

[gerjiss]

I think a more reliable way to keep your coins safe is to use a wallet. If you store your funds on the exchange, then you need to choose the best exchange.

[trash321]

I use both, but you can trust the wallet.it is very easy to use and I have never experienced any hardship or acceptance until now.

But still, wallets on the stock exchanges are the place where your money can disappear without a trace and you can not do anything, however sad it might sound, and now it is necessary to do something with it, it is better not to keep money on the exchange in the long term .

[donadoni212]

many exchanges currently attacked by hackers are not all exchange but I think if you want to invest then you have to save your coins on hardware wallets like ledger s nano.
if you only want to exchange then I suggest saving on exchange, but rather choose a safe exchange like bittrex or binance because these 2 exchange is the best exchange I know.

[tintin16]

i have coins both in exchange and wallets because in exchnage i set all my coins to i want sell price and in my wallet all coins that not have an exchange.

[coin163]

I have a question.

What is better? To keep your coins on some Exchange site or to open wallets for each coin?

I would like to hear some advice.  What are pros & cons of each option?

Thanks

I kept almost my coin in my personal wallet that's better than you keep your coin in exchange site as we can saw many hacked in past. So let's use hardware wallet for the safest your investment

[ptraf]

In my opinion wallet  - is the better option. Private walet = private key, so you are the only one person who controls it. Exchange wallet is different.

So if you want to hold alts for long term - private wallet is your choice.

[cryptoloverlife]

Exchanges are prone to hacks and millions of dollars worth of cryptocurrencies have been stolen. Wallets specifically hardware wallets (like Trezor and Ledger Nano)  are more secure to keep cryptocurrencies safely. You own your private keys.

However, if someone is a regular trader, every time storing in Hardware wallets can be expensive due to transaction charges and the time-taken for confirmations. Opportunities can be lost sometimes.

[ku10ng]

Wallet is far more better than exchange in my opinion. If you want to hold tokens for a long period it's better to store them in a wallet, not exchange. Because you have much more control on your own wallet. 

[Tiaf]

I think that it is best to have different coins on different purses, since in case of malice there will be less loss.

[firmino10]

I advise wallet will be the best option as you alone will have access to the address unless you carelessly lose your password

[mrsimons121]

Both exchange and wallet are useful in different areas. Day traders will always store tokens on exchange for easy transaction and to reduce fee, while long term investor will find a secure wallet to store tokens.

[rfj]

I prefer private wallet, you're the only one who have your private key that means no one can access you wallet not unless the site is being hacked but putting your money in some exchange site is a bit riskier, hackers are always attacking the exchange site than the wallet.

[AnnaGeraMsk]

I recommend that everyone before using the wallet or exchanger of the best learn the rules of safety, it is very important that it depends on which you get your coins back from the first and second

[mdenys]

I usually do like this- for short - time trading I am holding half of my coins at exchanges ,but the second half of my funds is in my cold storage hardware wallets Ledger Nano and Trezor.